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Airbus calls for return to duty-free status for aircraft and parts
Published by Global Banking & Finance Review®
Posted on April 30, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 30, 2025
1 min readLast updated: January 24, 2026
Airbus calls for a return to the 1979 duty-free agreement on aircraft and parts, warning that ongoing tariffs harm the aerospace industry, particularly in the U.S.
PARIS (Reuters) -Airbus called on Wednesday for a swift return to a 1979 agreement between more than 30 countries that for decades ensured duty-free trading for aircraft and parts until the recent eruption of a trade war.
Chief Executive Guillaume Faury said there would be "only losers" from a prolonged tariff conflict, especially in the United States, home to the world's largest aerospace parts manufacturing industry.
(Reporting by Tim HepherEditing by David Goodman)
The main topic is Airbus's call to return to a duty-free agreement for aircraft and parts to avoid tariff conflicts.
Airbus is concerned that tariffs harm the aerospace industry, particularly affecting the U.S., a major parts manufacturer.
The 1979 agreement ensured duty-free trading for aircraft and parts among over 30 countries.
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